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E1 Exam Dumps : Managing Finance in a Digital World

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Managing Finance in a Digital World Questions and Answers

Question 1

Which of the following statements best describes data extraction?

Options:

A.

The process of harvesting data from source databases and locations

B.

Examining the data to understand its content formats and structure.

C.

Data being processed into the destination database ready for use.

D.

Storing data in a systematic and logical way ready for further interrogation.

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Question 2

Which of the following organisational approaches is associated with the consistent delivery of a product or service?

Options:

A.

ISO 9000

B.

Kaizen

C.

Lean

D.

JIT (just in time)

Question 3

Porter's Value Chain was developed to determine whether a firm's activities contribute towards it's competitive advantage. E is the new Chief Executive of an organisation which manufactures and distributes hand made wooden furniture. His initial observations are that sometimes the workflow through the organisation can be a little disjointed and it is unclear from overall results which areas contribute to profit and quality and which do not. Using Porter's Value Chain model, identify which THREE of the options below are Primary activities.

Options:

A.

Inbound logistics

B.

Marketing and sales

C.

Operations

D.

Human resource management

E.

Technology

F.

Procurement